Microsoft cleans house 🛑

What we’ll cover today:

• Opendoor’s stock goes 🚀 thanks to one hedge fund’s tweets

• Microsoft cuts ties with China for Pentagon cloud support 🔐

• What SaaS leaders are predicting for Q3 (spoiler: AI fatigue is real)

Hedge Fund Guy Tweets, Stock Goes Brrr 📈

Opendoor’s stock went wild after hedge fund manager Eric Jackson tweeted he's betting big on the beaten-down company.

🚨Breaking News:
Opendoor stock soared 189% this week, mostly because Eric Jackson hyped it online, not because business improved.

⚡Wire Simplified:

• Opendoor sells homes online, has been losing money, stock was under $1

• Eric Jackson bought in cheap, hyped it as a “100x opportunity”

• The stock shot up thanks to hype, not fundamentals

• Opendoor still losing millions and growth looks weak ahead

• Jackson is using X (Twitter) to revive both the stock and his reputation

✔️Straight to the Point:
Opendoor’s rally looks more like social media magic than business success. Good story, but profits still matter someday.

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Microsoft Finally Says 'No Thanks' to China Helping the Pentagon 🛑

Microsoft is cutting off China-based engineers from helping U.S. defense clients after security risks got too loud to ignore.

🚨Breaking News:
Microsoft says no more China support for Pentagon cloud services after reports exposed risky workarounds in defense tech.

⚡Wire Simplified:

• Microsoft cloud (Azure) was using engineers in China for U.S. defense projects

• Reports flagged security risks and weird “digital escort” supervision

• U.S. officials got mad, called it outdated and unsafe

• Microsoft now promises U.S.-only support for defense clients

• Pentagon is rechecking all its systems for similar issues

✔️Straight to the Point:
Microsoft fixed a security mess that probably never should’ve happened. Lesson learned, maybe don’t outsource Pentagon tech to China.

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